CD Interest Rate Scorecard

Some of the Best CD Interest Rates

The CD Interest Rate Scorecard highlights some of the leading CD interest rates. It is most useful for a quick answer on where to stash your cash. If you really want the best rates, you can start here and continue on for even better deals.

• CD Investment Basics

Leading 6 Month CD Interest Rates

• 1.76% APY - Ascencia Bank
• 1.65% APY - Ally Bank

Leading 12 Month CD Interest Rates

• 2.10% APY - ING Direct
• 2.05% APY - Ally Bank

Leading 18 Month CD Interest Rates

• 2.20% APY - Nationwide Bank
• 2.05% APY - UmbrellaBank

To be included on the CD Interest Rate scorecard, banks should be FDIC insured. CD interest rates quoted should be valid for deposits of at least $1,000. Rates quoted are quoted in APY.

• How APY Works

Note that you might be able to find even better CD interest rates if you look hard enough. Brokered CD interest rates may be better. Likewise, you might check to see what the personal finance bloggers are talking about. They tend to find great deals, and you'll find some CD interest rates that are only valid on larger minimum deposits. ConsumerSearch also ranks bank accounts by compiling reviews from various sources.

If you have more money to place than the FDIC will insure, consider spreading that money among different banks or using a service such as CDARS.

• How FDIC Insurance Works
• CDARS - CD Protection Above FDIC Limits

This scorecard is designed to inform you of competitive rates in the marketplace. The CD interest rates quoted may change by the time you are able to open an account.